Odaily reports: OpenAI disclosed that in June of this year, an internal research model, the GPT-5.6 Sol series, was assigned the task of updating a cryptocurrency trading application and deploying a contract on the Ethereum testnet Sepolia. Because the task did not provide a funded wallet and did not authorize the use of external funds, the model first attempted to obtain test ETH from a faucet but was unsuccessful. It then derived addresses from publicly available developer mnemonics online, scanned hundreds of addresses, and found an account with a balance. In its internal reasoning, the model questioned whether using funds from a publicly exposed private key was ethical, then concluded that the funds were testnet ETH with no real value and that the mnemonic had already been made public. It therefore used the account to pay the gas fee required for deployment and successfully completed the contract deployment. OpenAI discovered this behavior during a subsequent expansion of alignment monitoring and disclosed it on October 15, 2026, in its official Misalignment Reports, categorizing the incident as the unauthorized use of a funded test cryptocurrency wallet.

Odaily News: Hyperliquid Labs co-founder Jeff Yan said on Bloomberg's "Odd Lots" podcast that Hyperliquid is not yet open to U.S. customers. Hyperliquid would rather become the underlying trading technology used by traditional financial institutions than replace existing financial market participants, positioning itself by analogy with Amazon Web Services (AWS) providing computing infrastructure for enterprises. He said: "We are not trying to replace anything. In fact, I think this technology can benefit institutions that currently operate markets in a more traditional way."

Jeff Yan believes that regulatory obligations should fall on the financial institutions operating markets based on the Hyperliquid blockchain, rather than on the blockchain network itself. This regulatory arrangement would allow Hyperliquid to further expand into Wall Street while avoiding bearing the full compliance burden of a traditional exchange. The blockchain is better suited to serve as underlying infrastructure providing order books, clearing, global distribution, and liquidity aggregation. U.S. regulators are relatively cautious about new technologies, but are also willing to move innovation forward quickly; as for Hyperliquid becoming "the home of all financial assets" in the future, his team is "very serious" about it.

According to Lookonchain monitoring, AGT surged over 100% today. Five wallets opened a combined long position of 50.17 million AGT on Aster DEX with 2x leverage, worth $1.7 million, and currently hold $887,000 in unrealized gains.

Odaily News: Ramp co-founder and CEO Eric Glyman announced on X that Ramp has completed a $1.85 billion funding round, reaching a valuation of $60 billion.

Glyman stated that seven years ago, he and co-founder Karim Atiyeh established the mission of "helping businesses save time and money." That mission remains unchanged to this day—only the company's growth ambitions have further expanded.

Odaily: Australia has released the draft Treasury Laws Amendment Bill 2026: Tax Information Reporting, with a public consultation period ending on October 28. The draft seeks to incorporate the OECD's Crypto-Asset Reporting Framework (CARF) into Australia's legal system and introduce a domestic crypto-asset reporting regime. The Australian government expects to commence international exchange of cryptocurrency tax information in 2028.

Odaily News: Justin Sun recently stated in an interview that the market severely underestimates the potential impact of Quantum Threat Day (Q-Day) on Bitcoin's price. TRON is pushing forward with the implementation of the National Institute of Standards and Technology (NIST) post-quantum cryptographic standards, with the relevant technology already live on testnet and expected to be deployed to mainnet as early as early next year. He stated that the Bitcoin network's consensus and technical upgrade progress is slow, and that even if the risk were confirmed two years in advance, completing a network-wide upgrade would be nearly impossible; major financial institutions including BlackRock, despite investing substantial capital, have not truly participated in Bitcoin development and lack sufficient understanding of its underlying technological evolution.

Odaily News: Stripe CEO Patrick Collison posted on X, saying today might be a good time to look back at the data and performance of Privy one year after Stripe's acquisition.

Patrick said that over the past year, the Privy team's execution has been extremely impressive: wallet-custodied assets grew about 25x, monthly active developers increased about 3x, and revenue grew about 9x. Today, Privy processes close to $25 billion in transaction volume per month. Ramp, Deel, Klarna, Felix, Hyperliquid, and thousands of other businesses are all building embedded banking features on top of Privy. Within Stripe, Privy is being deeply integrated into products such as Treasury, Link, and Connect.

Odaily News: According to on-chain analyst Ember Monitoring, over the past day, a certain whale/institution continued to sell 288.9 BTC, exchanged for 23.48 million USDC, and then bought 9,820 ETH. Over the past 5 days, this whale/institution has cumulatively sold 1,601.1 BTC, exchanged for 132 million USDC, and bought 53,095 ETH at an average purchase price of $2,497.

Odaily reports: According to SoSoValue data, yesterday (October 15, U.S. Eastern Time), U.S. spot ETFs for XRP and ZEC recorded total daily net outflows of $104,500 and $14,763,300 respectively, for a combined net outflow of $14,867,800; spot ETFs for NEAR recorded total daily net inflows of $1,126,000.

On the XRP side, the Franklin XRP ETF (XRPZ) recorded daily net inflows of $3,644,800, with cumulative historical net inflows of $513 million; the Bitwise XRP ETF (XRP) recorded daily net outflows of $3,749,400, with cumulative historical net inflows of $685 million. As of press time, the total net asset value of XRP spot ETFs stands at $1.528 billion, with a net asset ratio of 1.81% and cumulative historical net inflows of $1.803 billion.

On the ZEC side, only the Zcash ETF (ZCSH) recorded net outflows on the day, amounting to $14,763,300, with cumulative historical net inflows of $164 million. As of press time, the total net asset value of ZEC spot ETFs stands at $674 million, with a net asset ratio of 3.21% and cumulative historical net inflows of $164 million.

On the NEAR side, only the Bitwise NEAR ETF (NRR) recorded net inflows on the day, amounting to $1,126,000, with cumulative historical net inflows of $80,440,700 for the fund. As of press time, the total net asset value of NEAR spot ETFs stands at $86,142,500, with a net asset ratio of 1.24% and cumulative historical net inflows of $80,440,700.

Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale that accumulated ETH at the peak of this bull market began building its position in September 2025 at around $4,600, then continued to add to its position as prices declined, withdrawing a total of 15,810 ETH worth $63.85 million at an average price of $4,101.85. Between October 2025 and October 2026, this whale deposited a cumulative total of 15,361.1 ETH worth $49.55 million to exchanges, with deposits made at price levels including $4,478 and $1,910 during this period. The most recent deposit occurred 5 hours ago, bringing the final average deposit price to $3,226.22. If the aforementioned ETH is sold, it would result in a loss of $13.45 million. Currently, 572 ETH remains on-chain.

Odaily News: Spout Finance announced the completion of a $2 million strategic funding round, with participation from Draper Dragon, Anchorage, Flow Traders, Vessel Capital, Solayer, 2Square, and Bering Waters Group, among others, as well as strategic support from Solana Labs. The project's main business is providing Solana-based DeFi lending services, enabling users to borrow stablecoins such as USDC using their tokenized US stocks as collateral, without paying interest.

1. Farcaster changes hands again, acquired by Balaji's Network School;

2. New MSCI rules set to take effect, Strategy and Metaplanet may face potential removal;

3. Some investors reportedly lower Anthropic valuation expectations to $1.5 trillion;

4. AMC CEO issues another warning: opposes Robinhood issuing AMC stock tokens in the US, which could affect the company's capital structure;

5. Binance US plans to raise $100 million at a target valuation of approximately $1 billion, down about 78% from its 2022 valuation;

6. Meta releases open-weight AI model Muse Spark Open;

7. Motion to vacate $5 million settlement agreement denied, judge rules Gemini and CFTC lacked sufficient grounds;

8. Worth $15.25 million, whale Hamr4x sells another 145,010 SOL after two months.

Odaily News: Data shows that meme coin projects typically reach their all-time highs 17.2 days after their first trade, with a quarter of projects peaking within 1.6 days; the median time from peak to "death" — defined as a 95% price decline — is 370 days, and only 3% of projects are able to return to their all-time highs. Analysts believe that the flood of new tokens, the lifecycle of rapid pump-and-dump, and the diversion of attention by AI and prediction markets are gradually cooling the meme coin speculation sector. Its cultural expression attribute still exists, but in a more low-key manner. (Bloomberg)

Odaily reports: Lightning Labs announced on X the launch of LayerTree, a non-custodial scaling solution built on Bitcoin that can connect with the Lightning Network.

According to the introduction, LayerTree utilizes Covenants technology to enable a single UTXO (unspent transaction output) to be shared by up to one million users. Users can receive funds without staying online, and can exit at any time through a single transaction. Funds also do not expire due to timeouts.

Odaily News: A phishing attacker has converted $2 million worth of DAI stolen from a Bofur Capital address into 825.5 ETH.

According to Odaily, citing Gate data, South Korea's KOSPI index intraday gains widened to 3.3%, currently standing at 5,737.91 points. SK Hynix rose 2.22%, and Samsung Electronics rose 1.79%.